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Evoke (LON:EVOK) Shares Down 10% - Here's What Happened

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Evoke plc (LON:EVOK - Get Free Report)'s stock price fell 10% during mid-day trading on Friday . The company traded as low as GBX 50.20 ($0.65) and last traded at GBX 51.73 ($0.67). 65,066,164 shares changed hands during trading, an increase of 1,994% from the average session volume of 3,107,171 shares. The stock had previously closed at GBX 57.45 ($0.74).

Analyst Ratings Changes

EVOK has been the topic of a number of recent analyst reports. Berenberg Bank decreased their target price on shares of Evoke from GBX 130 ($1.68) to GBX 90 ($1.16) and set a "buy" rating on the stock in a research report on Wednesday, December 4th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 140 ($1.81) price objective on shares of Evoke in a research report on Monday, December 16th.

View Our Latest Report on EVOK

Evoke Trading Up 3.0 %

The company has a fifty day moving average of GBX 68.36 and a 200-day moving average of GBX 63.39. The stock has a market cap of £218.09 million, a PE ratio of -1.22 and a beta of 0.84.

Evoke (LON:EVOK - Get Free Report) last issued its quarterly earnings results on Wednesday, March 26th. The company reported GBX (6.40) (($0.08)) earnings per share (EPS) for the quarter. Evoke had a negative return on equity of 517.98% and a negative net margin of 8.50%. As a group, research analysts anticipate that Evoke plc will post 12.7648305 earnings per share for the current fiscal year.

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Insiders Place Their Bets

In related news, insider Jonathan (Jon) Mendelsohn purchased 200,000 shares of Evoke stock in a transaction on Monday, March 31st. The shares were bought at an average price of GBX 48 ($0.62) per share, with a total value of £96,000 ($124,111.18). Also, insider Andrea Gisle Joosen acquired 14,572 shares of the firm's stock in a transaction dated Tuesday, January 28th. The stock was bought at an average price of GBX 70 ($0.90) per share, with a total value of £10,200.40 ($13,187.33). 27.00% of the stock is owned by company insiders.

Evoke Company Profile

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